Principia Wealth Advisory LLC decreased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 19.3% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 13,185 shares of the exchange traded fund’s stock after selling 3,155 shares during the period. Principia Wealth Advisory LLC’s holdings in Sprott Physical Gold Trust were worth $312,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $39,000. Smartleaf Asset Management LLC purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $40,000. Smithfield Trust Co purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $50,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $50,000. Finally, NBC Securities Inc. raised its stake in shares of Sprott Physical Gold Trust by 111,150.0% during the first quarter. NBC Securities Inc. now owns 2,225 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 2,223 shares during the period.
Sprott Physical Gold Trust Trading Down 1.3%
PHYS opened at $25.28 on Friday. The firm’s 50 day moving average is $24.94 and its 200-day moving average is $22.72. Sprott Physical Gold Trust has a 52-week low of $17.80 and a 52-week high of $26.36.
Sprott Physical Gold Trust Profile
Sprott Physical Gold Trust operates as a closed-end investment trust, which engages in investing and holding all of its assets in physical gold bullion. Its investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors through investing primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices.
Recommended Stories
- Five stocks we like better than Sprott Physical Gold Trust
- ESG Stocks, What Investors Should Know
- MarketBeat Week in Review – 06/02 – 06/06
- Do ETFs Pay Dividends? What You Need to Know
- A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
- Financial Services Stocks Investing
- 3 Stocks Getting Rare Double Upgrades From Analysts
Want to see what other hedge funds are holding PHYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report).
Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
